Exclusive: Germany steps up emergency cash plans to cope in blackout
FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running,...
Fed’s Barr: Concerned about blowback to financial system from crypto
Nov 15 (Reuters) – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector,...
Gold near 3-week peak on dollar slide; U.S. inflation data in focus
Traders await U.S. inflation data on Nov. 10 Gold rose more than 3% on Friday Dollar hits over one-week low Nov 7 (Reuters) – Gold...
UK government faces tough budget decisions, says minister
LONDON, Nov 6 (Reuters) – Britain’s government is facing significant and difficult decisions on taxes and spending in an effort to plug a budget shortfall,...
Fed’s Powell: ‘Soft landing’ chances have narrowed
Nov 2 (Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest rates to lower...
Euro zone downturn deepens, points to winter recession
Euro zone PMI fell to 23-month low in October Price pressures in 19-nation bloc remained high September German industrial orders fell more than expected LONDON,...
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below...
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON, Nov 3 (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that...
Storm clouds gather over the pound as focus turns back to dire economy
LONDON, Nov 2 (Reuters) – The pound has just staged its biggest monthly rally in a year after shaking off weeks of British political turmoil,...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...